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21 <br />released from such obligations in accordance with the terms and conditions of Section 8.2(b) or 8.3 <br />hereof. <br /> Section 6.4. Minimum Assessment Agreement. (a) Upon execution of this Agreement, the Developer shall execute the Minimum Assessment Agreement pursuant to Minnesota Statutes, Section 469.177, subd. 8, specifying an assessor’s minimum market value for the TIF District <br />Property with the Minimum Improvements constructed thereon. <br /> (b) The Minimum Assessment Agreement shall be substantially in the form attached hereto as EXHIBIT H. Nothing in the Assessment Agreement shall limit the discretion of the assessor to assign a market value to the property in excess of the Minimum Market Value nor prohibit the <br />Developer from seeking through the exercise of legal or administrative remedies a reduction in such <br />market value for property tax purposes, provided however, that the Developer shall not seek a reduction of such market value below the Minimum Market Value in any year so long as such Minimum Assessment Agreement shall remain in effect. The Assessment Agreement shall remain in effect for the period described in EXHIBIT H. <br /> <br /> (The remainder of this page is intentionally left blank.)